The government authorized the construction of the 12MW hydroelectric power plant called “Hidropantasma”, over river Pantasma in Jinotega.
Emilio Rapaccioli, Nicaragua’s energy minister, explained that works are scheduled to begin on August 2010, and should be completed by July 2012.
The consortium in charge of the project is composed, in equal shares, by GrupoCorporativo SARET Nicaragua and the Central American division of Spain’s FCC (Fomento de Construcciones y Contratas S.A.).